Evening public ledger. (Philadelphia [Pa.]) 1914-1942, September 09, 1920, NIGHT EXTRA, Page 15, Image 15

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    'afiK.Tiww
r.r
;N' . "w
i.' r'',"
r-i
' ,?"Ni '
.''V
. i .
J'
V
,
W
r JO.
3 2
'
T-V
v l
fTOyifr(jf PUBBfd-'&DGEJlBHlWHIA, TdlJRSDAtV SEPTEMBER V .1920
15:.
'tl "
I, VV
-N
I.
We Offer Subject to Allotment
i
U: S. Treasury. Certificates
5 Dated September 15, 1920. Due March 15, 1921
6 Dated September 15, 1920. Due September 15, 1921
Free of the Normal Income Tax
We-recommend these Certificates as the highest grade
investment for Individuals and Corporations
Telephone Spruce 1480
COMMERCIAL TRUST COMPANY
Member of Federal Reserve Bank s '
City Hall Square
The
s
First National Bank
of Boston
Capital, Surplus and Profits
$37,500,000
Deposits
.$185,000,000
Resources
$265,000,00G
Make It Your New England Correspondent
Chesapeake & Ohio
Among the loyr-priccd rails that
will bo benefited materially by
the jncreused freight and pas
senger rates, the Chesapeake &
Ohio Railway stands out promi
nently. Under the new sched
ules it is estimated that Chesa
peake & Ohio will have earn
ings of over $13,850,000 bal
ance available for the cpmmon
stock, a sum equivalent to over
?20 a share or nround 20 or
more at current levels.
These earnings compare with
present dividend requirements
of $1 yearly and earnings of
$9.19 per share for the .pre
ceding year. The earnings for
BROOKE, STOKES & CO.
lliinmimt!ifiiiiiiiiinMiM
GIRARD TRUST COMPANY
i i ..;:'! Capital and Surplus, $10,000,000
I i i. . i li !
Chartered 1830
"mTuTTTTTnuT
liitMllMIMMIIIIII.i.illilHllltMiMiiilMimiiiiMiiiiliiiiiiiiTT
1812
THE
Pennsylvania Company
for Insurances on Lives and Granting Annuities
TRUST AND SAFE DEPOSIT COMPANY
Capital and Surplus - $7,000,000
Member Federal Reserve System
nHO.D BIURET OWICR - ,
1918 were $7.70 per share,
The current number of
Market Review contains
analysis of the conditions
our
an
sur-
rounding Chesapeake & Ohio,
its commercial opportunities
under the new legislation and
its financial and business posi
tion from the standpoint of the
investor. ..
Sent on request for L-SS9
Hughes & Dier
irnwi. Ntnck Kvrlun
Pittsburgh SlmU IV
(hlrnsn Ho ml of Ti
N. Y. 1'rodure Kifl
Kxrlinnio
Kxchauge
Trnili
Member 1
Kxrlinnco
1435 Walnut Street
Philadelphia
rcirpnones
IMItsburirh.
flnnirj RI3
New York,
Rare 1895
Cleveland
IN Ita own Intereata thla Insti
tution mslntalna corps of
realty experts In the Real Ea
tate Department. The expert,
enca of the atari, backed by
the Integrity of thla Company,
Is at the service of our clients
at remarkably 'reasonable
rates. The accounts of large
or small estates are respect
fully solicited.
BROAD & CHESTNUT ST3.
Philadelphia
TIT
1920
517 Chestnut Street
Philadelphia
l
1
The Foundation Co.
Common Stock
Earnings are reported to be
running at the rate of $50 per
share annually.
Present Dividend Rate is 10.
Company has a record of 18v
years of success. Its present
outlook is the most favorable
in its history.
It can be obtained to
Yield 10.40
Particulars on request.
A.D. CONVERSE &C0.
Commercial Trust Building
Philadelphia, Pa.
New York Bnltlmor
Tennessee Power Co.
Firit Mortgage) St, 19G2
Portland Rwy.; Lt. &
Pow. Co.
lit & Ref. Si
Dub 1942
e.ttP.C!arR$eo.
BANKERS
321 Chestnut St., Philadelphia
"' tftw York and JVtlIu4.jpHa
ttocfi JhrehonsM
Seasoned Water Power
Bonds
Low Operating Costa
JosepKW.Gross &,Co.
1421 Chestnut St
Correspondents
Aldred ft Company
Savings
Fund v
Interest 3.65
Fidelity Trust Company
Philadelphia
Capital $5,200.000 Surplus $16,000,000
Stock Salesmen Wanted
We
H" an exceptional proposition in
, w"nt on,r siirrrMfurslock "Im"
drnwlne nrrpunt hiinlrr n...i '".:.
offrr.
nipn.
iipplr. Each
anpllrunt munt git Nrirrul
rif!rpnfM iiu tn
ulio proe iiroiliirrri. hu
" iMini HCIldEIPB. 1Ii
ft
Lawrence E. Brown & Co.
""'"ED PUBLIC ACCOUNTANTS
Ini?l,a?sn15BTiTIS TaBT IIIJMJ.
ISISvXItVl. I? adiue .partnership un4
CAM11UIA COUNTY COAT, COMPANY
First MoirUmte Wilkin mind Honda
Under terms of thn Hinbtn. w. ..
propoaala will be recelveil iTntll S In" ni .
Heptember 20. 1020. at the of nee of Tie
J'nnxl,nni Compuny for Inaiirinirn on
J-lvea am! Oranllnic Annulllea' Tn " ? f"?
h anle to It at the lowct prlca not ex
ceeding 103 and accrued interest of a. many
Lih3 "nld b0'!(1', .?" ."3.080..17 will nur
chaeer Proposals should b addressed to
TUB .PENNSYLVANIA COMPANY rmn
iNsunANons on
l-ivua AND urtANT-
i.u AniNuiriiH,
SIT Chestnut
Tenders for Hlnltlne
County Coal Co.
it.. Thlla., Pa.
fund. Cambria
TO THE HOLDKKB OV Till! IIUNTINl
TINO.
IIAIL.
HON & IIKOAU TOP MOUNTAIN
ltllAD & t'OAI
rmii-A.N v rntsT miiht.
OAdt; KXTKNI)i:i 4-
cdiii'iiv ii;v..i:
KTn.i I. Uurah., !... Kn ... " 'V.'l'ill
of these bonds, amountlna to M18.000 00
will be paid by the, I'ennaylvanla Cunirianv
for Insurances on Llvea A Orantlntt Annul.
mum Annul
Vh1d? rf helr
orrlrea. 817 Chestnut at., I1
IIPD. ui'i, i' ."ciiiai it',, ui ,ii
flenteniber 30.
1020, after which
datM In.
tereat on . said
bonds will cease.
intereat
roupona ahoul
id
be detached and presented
Bcntrnilwr SO. 100. it tK
for paymen
orllcS of thl
for payment on
o oi inia comnan:
cornpany, 1303 North Amerloun
llnllillnr
lillnr. 1'
I'li'innrinni
TnK HlINTINOnON
nnoAn top
mountain itAir.non - en,
III,
pompaw
A. J. SMILRY,
Treasurer.
HAI.K COAT, COMPANY
HINKINO I'l'ND NOTICK
Kldflljy Trust Co.npiiny, substituted trus.
tee under mortfaire of the Kale Coal Com.
rany, dated April 2, 101T. Invites proposals
for the siilo to the said trustee of sufficient
of the First JlorttaKo a Oold Honda of tr.
Hnle Coal Company tn exhaust the aum of
ma.100.00i proposals to be uddresed to the
trustee, nt Its office. Nns. .TJA.S.lf ,',. t.:::7
street. Pnllnilelplila. to be opened nnd aet.'tl
o'clock M. No nffer exceedlnar 103 per cent
and accrued Intereat will he accepted.
FIDELITY TIIUBT C041PANY.
8ubaltuted Truateo,
riKAXCIAl.
. ni. r. un.o l . j
rh(UalpbU,'Bevtaabtrl, 1S29.
' IN
" " C u.o j;. f resident.
GQSSIPOF
THE STREET
"The present appears to be o time, In
the cnac of corporation bonds luctl
previous to the present high Intercut
rates, when holders of these securities
wro selling them, regardless of market
condition and of the merit of the bonds
pressed for salc,"ald a representative
of one of the largest New -York bdnd
Iiouixb during a visit at a prominent
uptown trust comrany yesterday.
"Wlso Investors are picking up good
corporation bonds at tlin present time,
understanding thoroughly that with a
decline In The roht of commodities nnd
an Increase In the purchasing power of
the dollar these wnirltlcn will ndvnnco
materially from their present low levels.
'Good f per cent corporation bonds,"
he continued, "insnrd several years ago
are now selling at ridiculously low
prices ,nud many holders of these bonds
continue forcing them ou the market,
regardless of the prices obtained. 1'rob
ably there nrc two rouses- for the pres
sure to sell this elass of securities. One
is that holders wish to get out of
per cent bonds mid purchase new short
time, high Interest-bearing securities,
forgetting that their 0 per cent bonds
run for many years yet, while the new
short timo yield notes will soon ma
ture, and then the money will have to
be reinvested, mid losing sight 'of the
fact that it is exceedingly doubtful If
such reinvestments could be made at
anything like the present Income yield.
'I he other cause Is that many bondhold
ers Mmvc been dazzled by the high re
turn ou speculative stocks, nnd uro
messing tiller high-grade corporation
bonds on the market for the purpose of
using the proceeds of their sale In pur
chasing tin mote speculative and high
yield stocks.
"This Is not the time to sell bonds,
according to the opinion of the best ex
perts, but rather a .time to Increase
holdings, because of tue most attractive
market prices."
Gasoline Situation
A most intercung review of the
gasoline situation is made In tlio
monthly investment bulletin issued by
Henry L. Dohcrty & Co.
"One of the outstanding features of
the gasoline situation " says the bul
letin, "Is the ability of the American
refiner to incicase the extraction of
gasoline from crude oil. At present
fully 12.r uer cent of irasollne Is being
distilled from crude compared with lll.S '
per cent in hum. 'ilic Increase in gas
olln'e extraction has been persistent
during the last several years, and It Is
due to this fart that the oil industry
has been nble to meet t! e demand for
gasoline, which hrs arisen because of
me incrciiHcii use oi auiomooues. xniai
greater recovery of gasoline is due to
improved refining methods, nnd the
Iturtou system, owned by the Standard
Oil Co. of Indiana, is the biggest de
velopment in this line. Another feature
Is what appears to be greater efficiency
of the automobile In regard to consump
tion of gasoline per ear. nlthough It Is
probable that less needless use ac
counts in part for the small amount of
Utasolino now boinjr used per car. At
present about 11.4 barrels of gasoline
are being used a year per rnr, com
pared with 17.4 barrels In lMfi.
"Gasoline production In 1010 was
nearly three times ns great ns in 1014,
being IM.U.14.000 barrels, compared
With 34,702,000 barrels, n gain of 170
per cent. ( During the same period crude
oil production increased only 42 per
cent, from 1'0.",700,000 bnrrels to 377.
000.000 barrels. Automobiles rrsistrred
nt the end of 1010, numbered 7,500.000,
ns ngainst 1.711.000 in 1014. a gain of
330 per rent. Gasoline exports more
than doubled between ,1014 nnd 1018,
the most Important war year, but de
clined Jo 0,1 8.". 000 barrels last yenr,
dup to the fact that Kuropean rountries
still retained Iqrgc stock from the pre
vious year."
It Pays to Advertise
"The complete success of the com
mission houses to boom the rnilroad
stocks since the hondlnc down of the
rate decision by the Interstate Com
merce Commission," snid a well-known
uptown broker yesterdny, "shows con
clusively it pays to ndvertlse.
"In no time in my memorv can I
recall when such n united effort wns
made on the part of the entire market
community to get the so-called public
interest. The propaganda, however, was
not confined exclusively to the big com
mission houses, but nnrly every finnn-
Pin I Pnnpnrn rlirAiinlwmr ! Un.il, ., .l
breadth of the land toot n I, In . I
iininuc advertising scheme to l)oom the
ran mocks. They had good ground to
work on nnd plethora of bullish ammu
nition to keep the batteries roaring all
time. They made n whole lot of noise,
but they nlso met with flattering suc
ess and, unless surface signs nre mis
lending, the public have just begun to
nibble.
"The Untight occurred to me whether
It WOUld not be n Brood thlntr tn nfnrt n
similar campaign in the copper shhres,
which have been left seriously alone
ever since the war stopped on the other
side of the water. Rverv nmn nt in.
telligenee and with tho slightest power
of observation who hns hp,.n nhmn.i
has eotm- home n big bull on the 'cop
pers, simply because they hare seen.
heard and know Europe Is bare of
copper. hen they watch the tane for
a few days and witness lion- f,.rCnl.-n
the Conner sharcx nre. mwl !,, ,..
for months, they connnr nultn i,.,.in...
uWn.'''"11 tllL' Pnrndoxicol situation.
ine paradox is not dlflieult of ex
planation." he said, "when the stnte
of the exchanco marketx U inb l
consideration. Copper undnuhre,l!v
!w9uld be going abroad by the shipload
., .u. ,. ,, ,,, Ior it in normal
exchange rates. The situation of the
foreign consumer is much like the bov
outside of the circus, he wants to get in
and see the big show, but his pocketbook
says nny."
Steel Iluylng Hailing
As the steel industry Is nlwnvs ac
cepted as the rellnble barometer 'of the
country's trade conditions, every de
velopment in that direction Is Being
watched with keen Interest. The lost
week In the steel Industry was not
marked by nny new developments of
first Importance. The waiting attitude
of buyers of pig Iron and steel beenme
more pronounced, according to the Iron
Age, and pressure for early supplies of
all finished steel products has disap
penred with the exception of tin plate
and wire products, the Idea being, of
course, tiiat 3D21 prices will probablv
not be above these prevailing now auil
may possibly bet somewhat lower.
"With the large volume of unshipped
orders that nre pn tho bonkt, of the
mills, writes that Journal, "prices are
little affected by the halt in buying, but
the basis of future contracts is con
cededly n two-sided question whereas In
Jlily the shortage In steel supply seemed
the decisive factor. Only In March
this yenr, arid January in lftlO, hns
pig Irou production exceeded thnt of last
month. The total was .'1. 147.102 gross
tons, as compared with .1,0(17,053 tons
in July.
TUB TRADER.
Finds Cause of Sleeping Sickness
Saratoga Springs, N, Y., Sept. I).
Discovery nf the cnuse of "sleeping
sickness" has been reported by Dr. 1,
K, Werhler, of Columbia XTnlversit.v, to
the state conference of health officers
nnd public health nurses, in session
hero. Tho origin, ho said, was found
IU ur " Mlltliiuin ,iiun, 1,1(1111, JU ej.
(.perlmentB,- has transmitted tlie disease
from, inim tajavnkeys - '
T
S r ,
New York Bonds
BALKS IN tlOOO
From Opcninr Until SrOO p. m. (N. V
Time)
Atiier'n Att a
Chem tl (Is
1 00
2 00
Amer 8melt'f
A n(V Si
7 74
2 74
Anicr'n Tel It
Tel clt
2 76
Atner'n Tel a
Trim
2 70
1 70
Ameri'n Tel 4
Tel fl
1 OS
1 OS
1 IIS
8..... OB I 3
,. 77
,. 77
,. 77
ll n sa
.. sou
,. 80
,. 80
D It H ll 4Us 1
1 00 I 1
Detroit Unlt'd.Cenn
Ilwy 4Ha V
k2.
0 00
2.
D Canada '20
1.
1.
8 now
a oou
80
I'enna It It 7a
Dominion Ite-
2,
1024
publlo Ba
1.,..
23....
2....
10....
7....
2....
1....
103 V,
102T4
102i
1024
1021,3
103
103
4 1! In
28 V.
, 284
7 82U.
B'n Ten Va a
OeorKla en
B 8.1
Krte Oenl Lien
1 40
1 4(111
1 10
Peoria
2....
1....
4....
Urle n n cv A
Antf.Prcnuh 8
1 43VI
2SU
28 fc
10.
00
no
Krlo It It cV V
0.
.4.,
1 40
Peoria a U 1st
Erie Ity Co 4
2 HO
, 1)0
mm
110 i
1 B0U
2 63
Ilepubllc Cuba
14.
0.
2.
411.
5.
Sa or '14
2 8P4
Gene'l ISIefl 0
no in
S 00
2 08 :
Itlu U ft W 4a
too
00 If
fi 0.1
CJ Swtz'd rets
It WW clt la
Arxendne
lie
r.
100
1 B4
1 SIS
publlo 6a
1... 0SK
l...
B...
B...
1...
S...
(1...
20...
1...
2...
100
ioo;
lOfll.i
100!,
1004
101
101
101
101 1.
nock laln'd A
1 USU
a L-4Wi
2 00
2 OS,
Atcb Tupcku &
Bt I. I Mt U H
B Fa 4 a
13 75 '4
1 75i
It ft O Dv 4s
1 09U
Et Luuls ti a
Atch Top' a &
Fran aj
S Fe aj
1.
.101H
8 O.Vi,
1 70V4
All C Line ell
1 07V4
Hud & Man In
1
3
.fi
1
IB
1
:$:::
on 4
2 22f
8 22
8 22U
OB 4
034
054
0B
044
0(4
014
ft
1 07
1 074
Hud ti Man fu
All U Line 4.
3 B7
1 B7.
1 7 4 VI
Atl C L, 4taa
Ill Cent'l 3'4a
rcta 7a
1 Wl'i
0 SIU
6 80".
Bt ?l
3 1111
FraTn In
10
3 Illl",
BS4
B54 '
3 mis
lU'n Htcel 4I
Halt ft Ohio cv
0 77
B54
0.14
B3U
SB
SB 4
0.1 U
SB 4
BS
S3
B5
BS
B4 i
B4?4
Sl'i
SS
B4 4
B44
844
1 08i,
1 OH
10 US
Intboro II T fd
1 40H
1 40
Halt & O 3ia
Intl llnrven'r
4 81
Co N J 4a
Halt & Ohio 4a
2 (lOW
.2..... 07
l 07
I M Marine us
a sii
i sm
10 81 &
Halt ft Ohio Sa
8 07",
2 7
1 08
& 07',
1 81
B 81V
-..... sm
V '
1 07 S
Iowa Ceht'l 4s
Halt & Ohio 0.1
2 44
1 44
1 HI),
10 B0
1 SOU
1 SO
2 bO
Jap aove't 1st
2 73
1 7.1
4 73
Bt L ft 8 l''ran
Series A
4 804
-1 BOH
10 804
1 BOH
0 00 U
Btor ;m
Jap Oove't 2d
1 78
1 72'4
It i'o'i l e
Jap Oove't 4s
i. W V 4s
2 S7tt
1 01
i on,
2 B7
4 B7U
St L ft B Frk i
Series D
r, 7HV,
6 704
3 704
7 704
10 704
n o a Wn
Kan C I'l 8 i
niy a Ha
10 74
M Ilwy 4s
2 71V4
11 ft O Tol 4l
4 70
1 70
12',
Kan O B i
Bt L ft H 1'rnn
3..
0..
1..
B..
Ilkyn
1..
r.2t
1.
S3
B4
Serls C
3 874
R2
.VJ'J
S4V4
Bt L ft Swn en
R'J
Kan C ft
S 4s
II
T 3l
1 024
4 024
2 024
1
1
OS a,
20',,
Canada S'n As
05
Kun O ft 8 Ss
St L ft Swn Sa
B 83
3 b3Vi
2 08 ;
l,
01
1 0814
Cent't I'ao 1st
2 71T4,
i
i
i
am
014
614
I, al
384
384
8S 4
30
A L,
K Uelar 0a :
2 110
1 00
10 71S
Ctl I'aclflc 3W
Seab'd A
S 08T4
1
1
1
1 77
2 77
K Dels'm 7Va
07
C ft Ohio 44a
00T4
2 74
2.
3.
2.
18.
23.
1.
3,
2.
07
Seaboard
1 73',4
C ft O cv ma
OOH
4s Station
1 53(4
07
3 78i
0074
0OT4
So'n Bell T Ba i
4 734
5 SOU
2 .... 74
OOTt
07
B'n I'acWc fil
1.... 74
1 74
3 74'4
1 74. ,
2 74U
1 74 K 1
J 74
U'n fso cv 4s
10 70W j
B 70U
2 70H
1 "(II' '
oo?;
Ck ft O cv Sa
Lake Shoro M
3..
80 ,
S'n 8Kb
1..
1..
1..
1..
1..
1 .
80
80 1 i
2 00V
Lake Shoro M
80 V4
S'n 4a '81
R0,
80S
2 80U
1 80 1
80 H
2 80'i
C x Alton 3',i
A I ' 73
B 70V1
Llsr't A Myers
B 38
T Co 7a
B'n I'ao cv Ss
C li'n ft Q k'tn
2 ... 10.1 '4
r. OH
40 fSVi
1 08W
3 77,
i ... 101;
C U'n ft Q 4
I.orlllard C 7:
2 OS'
1 103
S'n Hallwa Is
8
14.
8.
1.
1,
1.
1.
2.1.
1.
Chi
.... 03'..
OSV
L ft Nash 4s
.... flOH
. ... ,fl0',i
.... flOH i
.... 00 1
itallwa As
2 784
2 78H
3 78U
onu
.... OS'i
. ... tl.Vi
.... 03i
.... ns'i
OS'i
.... 03.
Mid S ft O Ss
S'n
1 7T
8..,
O
8.'.'
. . . . 84 J
..., 84
.... 81
Mll'a Oaa 4a
1 77
Mo K ft T
Union
I'ao cv
. 804
. X0U
ft Own 4a
B SO
13...
1...
1
B41
Mo K ft '1' .
Chicago Mil &
8 07 It,
4
80 1,
St r 4a
Mo Pao cm 4
Union
l'ac 4 s
. SOU
l'ac 0s
. 07 i
l no'4
7 BOH
5...
Chlcaro Mil 4
2.1. ... B0V4
r. ... .
Union
St P d 4a
2 01
- . . .Ill ,
1. ... sou
2 SOU
UKolO llrtl
C.c."B-. !'
i
I'd 1021
2 00
2 00?
titP CV 4lB
3M rao Sa 2:i
2 70U
1 70S
3..,.. 70
0 88U
Mo Pao Bs 'in
UKotO Brit
1 84
& I'd 1022
Chlcano Mil &
.Mo Pao Ss '03
IB.
niT4
81T4
01
01
01 K
blU fd 4W
2 03 Vi
8 03
1 70
1..
20.,
B..
S..
Mo Pacific ns
08 W
Chicago Mil 1c
Mont Pow'r As
StP cv Da
I SOU
2 01'4
23 01
U K of O Urlt
b I'd 1020
&w... 88
B... 8B
B 83
30 SB
4 70H
1 TO'.
New O Tex ft
.MfXlCO (a
C & NWn m
6 67;
22 73H
3 73'
o A7
B B8
Chlcaro & Nth
N Y C A II It
Wn Bs '87
1 03,
1.... lOl'i
n sua
3 OOU
UKclQ Urlt
B 07
& I'd 1037
3 S214
0 82;
1 8214
8 8214
11 8214
4 8214
U 8 Mexico 4s
314
1 3014
IT H Slexlcn 3s
10 101H
1.... 101U
1.... 101U
N Y C ft II n
it n 4i,4s
B TfiV
Chlcaco Bt P'U
N Y U ft II ,i
Mln toil
it it ns
4 8I
Chlcuco It I'd
New York CI
I. S 34a
& Pao fd
1 . . 004
2 07V
1 01
2 . . 0P4
3 074
2 67 4
1 07s
N Y Chl ft St
10..
30 ;
40
40
40
40
lOTi
41
41
41Vi
m;
414
4l'i
I.oula 4a
3 .... 71i
4.
0.
Chlcaa-o II 1M
& Pao 4a
4 7t'i
1 71 'i
Chi U flU 4U
3 77
Chlneae aove't
II-K nya 3s '
1 87
City of Copen
haaen BMi"
1 .... 7DH
N Y Llaht 11
ft Pow Sa
1 784
1..
1..
4..
I..
B..
8..
N Y Cent'l M
Cent 1 34s
10... soi
N Y'k Lack ft
ce'n 0s
2 nnu
10.
4.
Now Y N II ft
41H
Hart'd Cs
3.. .. 7ft
Ut'd R'ds Han
City N Y 4 Us,
1'' un ct 4s
1 .... 2H
4 2B V4
B 2314
1 2B'4
1 20.
Nov 'B7
a...:. R0H
b sou
New York O ft
West'n 4s
2..
3.
113 H
03 14
Cty New lorlt
4U '00
1.. . 83j
N Y
Tela 4 4a
10.
10
s
B.
3
70
70
70
70
80
80
U P Realty A
Cty New York
Imp't Ba
2 80
4'ls '04
1 83
U ri Rubb'r Ba
City Paris lis
2 03
4.
7?;
6..
1..
4..
ft. .
1..
.,
B.!
1..
1..
78
77 i
77 ',4
78
78
78
78
. .. 03
. . 0.1 U
.1. 03l
. .. 03H
. .. 03H
. .. 031,
. . 03 IA
N V Tele's tl
8..
1..
0..
10..
i '!
City
3..
1. ... 88U
N'U A W'n 4
1 741',
2... . 74H
N'k & W rv ils
0 ..101
1 .. 100
N'n Taclpr I.
1. .. 7Ii
3 . 73
77 H
I'arlB 7a
U B nubb'r 7a
I 7U
2 07
U 8 Hub 714a
B 08H
1 88
2 08
I.. .. 08
U'd a steel Bs
3 02
1 02
4 02
' on;
0 03
mv,
1 0Ii
Vh Itallwa Ba
2 78U
1 78
Va Ity I' Ba
1 84
Weat'n Mil 4 a
J V4
ft BBIJ
Wllaon" Co o
8.- .. 83i
Wllaon Co let
3 87 ;
J....X 8IH4
88H
. . 102,
.. P2,
. .. 03'i
1.
CI'd Cln Chl 6
Nthn Statea P
St 4 em 4i
B flOH
Col & S'n 4 'is
1 .... 73
Co Ss
1 74
Orrc A Cal As
23.. .. 80U
Cnns'd flaa 7s
Oresron n It
1 0014
Cuban C 8 cv
1 88",
1 80
Del & Hud M
1 7814
0 78
Navl Co 4 s
1.. .. 7814
OrR.Wash'n 11
Co Nav Co 4s
1 00
1 ... 70
Pro T A T Bs
Del A Hud 4s
1 ... 82
13 82
I'n It It 4s '48
a. ... 70
8 70
8 .... 70
2 05U
Del Hud 7s
I.... 100H
2 100V,
De Molnea A
I't D 4 a
10 .... 4.114
Den AltD tit
1 ... M
1 A3H
I'u It R en 414
a sou
1 , 804
r R itm 414s
8.... 77
1 77W
1 TTH
Den A II O 4a
1 6S
... ll'nJr . foundry and ilachlno
dividend ot It, par cent. ' .
r
PLAN SOLDIER MONUMENT
Colllngawood Will Erect Memorial
to All Service Meh
A mcmorjal to the Colllngawood, N.
J., boys, living and deadj who served In
the world war, is to be erected In thnt
Buburb through tho efforts of citizens,
led by the members of the Colllngawood
Volunteer Flro Company,
AN committee Is now engaged in a
house-to-house canvass for subscrip
tion to the memorial, which will prob
ably bo In the form of a monument in
Knight's Pork, midway between East
and West Colllngswood, containing the
nnmes of the 300 service men from
Colllngswood. This committee was ap
pointed by Mayor Thomas W. Jack,
president qf the fire company, nnd Is
composed as follows : I'hlllp O. Knnbcl,
chairman; William Kuohn, A. J. lv
Ington, n real ostnto agent! Harry J.
I5el? preildent of the Colllngswood
Clinmber of Commerce, and Joseph
Relnert. , . ,
The committee has enlisted In its
membership the entire firemen's, fair
Service and Stability
Personal
Attention
if given to tho wants of
our depositors. Any mat
ter that Is of impor
tance to them, is of in
terest to, us.
Wc try to eliminate all
needless formality and
"red tape;" If you fiave
a proposition to submit,
you nave direct access
to our Officers, nnd nre
nssurcd of a prompt
and decisive answer.
Integrity
Trust Company
Fourth and. Green Streets
Capital $800,000
Surplus and PfoKt. . .$1,700,000
Ghandleiu Company
WHHITM
Franklin Bank BIdg.
Philadelphia
New Isrk Boston
-The Investors
and Traders
Guide Book
A handsome, clearly
written, board -bound
book of 64 pages, for the
experienced trader. It
explains:
The General Rules of
Trading.
How to Gives a Broker
Instructions.
D r o k c r s ' Commission
Charges.
How to Indorse a Stock
Certificate. y.
How to Use Collateral
in Trading.
How to Group Invest
ments. The Deposit Require
ments for Carrying
Stocks on Account
The Rights of Stock and
Bond Holders, etc.
Actual stocks are used in
the explanatory examples.
Call, 'phone or write at
once-
Ask for No. T U-956
JONES & BAKER
Sptaaiitts in New Trk
Curb Marktt Securities
WIdener Bids:., Philadelphia
Phones Bell, Locust 4730
Keystone, Race 2200
Offices in 9 Principal Citlea
Direct Private Wires
Olililemli
AMERICAN CAR & FOUNDRY COMPANY
New York. Sept. 1. 11120.
rREFErmiip CAI'ITAI. STOCK
DIVIUKNU MO. 88
A
dividend of One und three-quarters per
(lr.) on the Preferred Stock ot this
r.n, !? . 1
Comrmny naa mis any oeen dec area. nv.
able Friday, October 1. 1028. to stockholders
of record at tho clo of bualnesa Wednes
day, Heptember IB. 1020.
Checks will be mulled by the Guaranty
Trust Company of New Tork.
U. C. WICK. Secretary.
8. S niif.ANO. Treasurer.
AMERICAN CAR & FOUNDRY COMPANY
New York Rnt 1 1020.
COMMON CAriTAI. STOCK
nivinvNii no
A
quarterly dividend of Three
per
rent
(8) on the
uo
Common Btock of this
Pnmno
nmoany
nas tills nav neen deelured. navnhle Krliluv
October I, 1020, to stockholders of record at
the close of business Wednesday, Hcutuinbur
IS. 1020.
Checks will be mailed by the Guaranty
Trust Company of New York.
II. C. WICK. Secretary.
M H UI...ANO. Treasurer,
K.
Tin:
w.
CLAItK i. CO,
ham; Kits
limre nr
HUNTINOTON I)KVKI.Or.MENT &
tiAN ttniiMM
I'referrrd Stock Dividend No. IS ''
The Hoard of Directors nf the Huntington
Development 4 Oaa Co. has declared thn
rwular quarterly dividend of one nnd one
half per cent (1-lU'i) upon the Preferred
Htnrk of the Company, payable October 1st,
1II20 to stockholders ot record at the close
of business September 15th. 1020 Checks
will be nulled to holders of Votlntr Trustees'
Certificates of Deposit
KltANK T CI.ArtK, Secretary.
OITICK OF TIIH
United Gas Improvement Co.
N w' rftr"Tr. "rniiil "nd Areli Htrrets
rhlladelphlu, Septemlier 8 Hijo.
The Directors have thla day declared a
quarterly dividend of two per rent, 1(1 ier
snare on the i-oinmnn Htock of this Company.
f or
ble
nava
Oct.
IB. 102
10, to holders of Commoi
Siocn ui rrvwrii hi
ectember 80. 11)20,
Stock
of record; t the close of buslums.
will hA mnll.l .
. V(i
MORIUS. Treaiursr.
committee, including the members of the
Women's Club. Horry W. Hinlth,
trensurer of tho fire company, is treas
urer of the memorial committee.
Although a lender In nearly every
other mbvement, the borough of Col
llngswood hns been far behind other
communities In honoring Its service
men, due to disagreement which arose
(ittSH BRAZIL L X
I YHLITJ! I In 101 the United 'States I ft l
tSBmWGmrAm.l Ported 1,051,839,010 lbs. I ! 11
V 2SsWcz0 of coffee to tho valuo of I , A
XxIjaaffCy $144,069,369. Most of our i. J
SJBf aLjaty coffee importations como I a 'fk
JOriN UJVIERRILL. Pros. j,tL AMERICA CABLES I
Route your message "Via nro plnjrlno; an important H ' I
All America," which fd part in tho development of -i " $
are transmitted free by all trade between tho United N 3
telegraph companies. States and Brazil. U 0 ;
JNTERNATIONAL
M mewAA. m. A
Vsiyi aAJrVJL AW"
V RCOULAR SAILINGS
Through Bills
PHILADELPHLA. to
8. 8.
West Mur
H. Norkuni .....v... Hept. 10
lunham Sept. to 'H. H. Melianno Sept. SO
Ilefrlrernlor
S. 8,
PHILADELPHIA to RIO JANEIRO & SANTOS
S. H. Woodmnnsle ..Sent. 20
PHILADELPHIA to FRENCH ATLANTIC PORTS
H. H. Independence Hull Hept. 10
R. H. Nrdmsc Sent. 20 H. H. Cnaper Rent. IK
H. 8. Halvutlou Ijtaa Oct. S H. 8. Cltr of Fntrbnrr net. IS
Lafayette Building, Philadelphia 170 Broadway, Now York
Lombard 3033 Cortland 7720
Gray Ir
n I Vl
on
Lansdale Foundry
BTKAMHIIII' NOTirF.8
LUCKENBACH LINE
Philadelphia to Rotterdam Amsterdam
S. HOMESTEAD (U. S. S. Board) Sept. 14
S.
Rotterdam Philadelphia
S. S. WEST POOL (U. S. S. Board)
Philadelphia San Diego Los Angeles San Francisco
S. S. SHORTSV1LLE (U. S. S. Board) Sailed
S. S. PLEAIDES Sept. 18
S. S. .HATTIE LUCKENBACH ' .Oct. 2
San Francisco Philadelphia via Los Angeles and San Diego
S. S. EASTERN SOLDIER Sept. 10
S. S. FRED'K LUCKENBACH .' Sept. 17
S. S. ARCHER (U. S. S. Board) Oct. 3
S. S. HANNAWA (U. S. S. Board) Oct. 17
LUCKENBACH STEAMSHIP COMPANY, INC.
Phone Lombard S340 328 Chestnut St., Philadelphia, Pi.
Historical
lions in hurope,
information m (I education, may
advantaae at thin tunc of
assured if you trax'el on one
NORMAN MONARCH
I Columbia
K. A. Victoria
Vtubin . . .
H!er Araxet
. PhiUdelphia " Pirieni,
Cironia New York
Aqnitim'a New York
Italia New York
farmania New York
Mauretinia New York
rnssenjer nnd Freight Servlees I'or later anilines npply lo
Passenger Office, 1300 Walnut St., Phila.
Freight Office, Bourse Bldg., Phila.
PHILADELPHIA
to
Scandinavian Ports
Christiania,
Gothenburg,
Copenhagen
Regular Service
V. 8. Shlpplnr Tlonrrt Steel Dreamer
S. S. "LAKE ELLSBURY" Sept. 10
(From Pier 78, South Wharves)
The ChMlcTT. Megee Co.
Ifcuts for U. S. Shipping Board
Drexel Building
PHILADELPHIA
Bell Lombard 5100
Holland-America
LINE
NEW YORK to ROTTERDAM
ia Plymouth and Boulogne-mr-Mer
New Amsterdam Sept. 140et. 19
ityDuain ..........
Rotterdam
Noordam
rassenter Ofllce. IB31
Sept. 22;Oct 27
Oct. 2!Nor. 6
Oct. 13Nov. 17
Wulnut St.. I'hlle,
Atlantic-Gulf and
Pacific Lines
PHILADELPHIA TO
LOS ANGELES Harbor)
SAN FRANCISCO
H. . WHBT Al'AUM..., about SHIT IS
C1IAS.: KUUK CO.. Inc.. Aceuu
.urnn ' rauuusiobU. fa.
V
SdWniHMM
Malis im
when tho subject was propoiW MM
years ago. Tho difference arose yifH.
whether n community house or a lasitwr
monument of stone would bo creertw.
Although the advocates bf tho former ,'
seemed to control tho majority seittlvK ;s
incut in tne town, iney were not acwvn ij
in raising itinus ior tne purpose ana ine'ui
iiuil ten iinuuKii. rl m
of Lading Issued
RIVER PLATE PORTS
Castings
Machine Molding Our Specialty.
Limited capacity for prompt
delivery.
Fleet of Motor Trucks make daily
deliveries to Philadelphia
and vicinity.
Call, write or phone I.nnadale 480
Co., Lansdale, Pa.
WTEAMHUIP MITICr."
.Sailed
places and
insti-
always a
source of
be visited to
the year.
Your comfort is
of our steamers,
. . .PHILA. to LIVERPOOL SEPT ll!
.New York " Londonderry and Glaifow Sept. 11
.New York " Liverpool Sept. 11
.New York " Liverpool , Scot. 14
Salonica, Constantinople & Smyrna. .Sept. 15
Plymouth and Cherbonrf Sept. 18j
Cherbourg and Southampton Sept. 21
Patrat, Dobrovnik and Trieste Sept. 23,
Liverpool Sept. 25
Cherbourg and Southampton Sept. 30
pUMMINC'
LINE
U. S. SMppinr Board Steel
Slcsjnart
f
Regular Service
PHILADELPHIA to
Rotterdam & Antwerp
S-S "Arizpa" Loading
SS "Lake Harminia".. .Sept 10
(From Pier 34, South Wharvoa)
For information apply
A. D. Cummins & Co., Inc.
H. P. DILKES, Manager
139 South 4th St, Phila.
Lombard 4187-4128-0467 Main 1MB
EARN-LINE
,nron,on,t"1 1801
U. S. Shipping Board Steel Steamers
General Cargo
Regular Service
Philadelphia-Manchester
SS "pe Moines Bridge". . .Sailed
SS 'Take Foxboro" .Sept. 11
Philadelphia Havana,
n. W tan in Cf . m. I 1
- uinuitci oepu
For rates and particulars apply tsj
harn-Lme steamship Co.
139 South Fourtfi St.
PHILADELPHIA, PA.
MERCHANTS & MINERS
TRANSPORTATION CO.
..1... HljM'l,,a 18B1 j
Millions of 1'nssensera Carried '"
not ai,ifi: ioW .-"
BOSTON. Tueidtri, Salord.n, 5C'"00.I
CAV1NMA1I C.1.1-. . n .. ?"..""
JACKSONVILLE. Frid.r 8:843 P'", '
' Vtn .,?. BelrtTftr. T.y.r.W'nnlat4'
INVJLLE. I
S, SHeU
Vv
w
- ' l;
L3
1
J
1
.H
1
m
f
a
w.
T
V
T ''A
:
3